RE ROYALTIES LTD - RROYF STOCK NEWS

RE Royalties Ltd. announced a cash dividend of $0.01 per common share for the quarter ending September 30, 2022, payable on November 23, 2022. Shareholders of record by November 2, 2022 will be eligible for this distribution, contributing to a total of $0.03 dividends declared in the 2022 fiscal year. The company highlights a strong pipeline of financing opportunities in the renewable energy sector, ensuring continued yield growth for investors.

RE Royalties Ltd has announced a $1.86 million loan to Revolve Renewable Power Corp for battery and inverter equipment related to three energy storage projects in Cancun, Mexico, with a total capacity of 3.2 MWh. The loan, secured against project assets and carrying 12% interest, is part of a growing partnership, following a previous $1.6 million loan for a solar project. Revenue from these projects will incur a 5% gross revenue royalty for RE Royalties, with the financing set to bolster renewable energy deployment in North America.

RE Royalties Ltd. (TSXV:RE, OTCQX:RROYF) announced its annual general meeting (AGM) set for September 29, 2022. The meeting will be held at the company's Vancouver offices. The firm has also amended its proxy and voting instruction form to align resolutions with the AGM's notice. Additionally, RE Royalties has engaged Water Tower Research for investor relations, at a cost of USD$8,000 monthly for a year. This firm will aid in communication and relationship-building with stakeholders. The company focuses on renewable energy royalty financing and holds over 100 revenue-based royalties.

RE Royalties Ltd (TSXV:RE)(OTCQX:RROYF) has secured a $1.3 million loan with Switch Power Ontario Solar Operating Corporation to finance a 428 kWDC rooftop solar project in Vaughan, Ontario. The loan has a 6-month term at a 10% interest rate, extendable for another 6 months. In return, RE Royalties will receive a 1.0% gross revenue royalty on the project, increasing to 2.0% if extended. This marks their fourth transaction with Switch Power, emphasizing a strong ongoing partnership in the renewable energy sector.

RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) reported strong Q2 2022 financial results, showcasing a revenue increase of 185% to $1,188,000 compared to the previous year. Gross profit surged by 208% to $1,136,000. Year-to-date revenues reached $1,843,000, marking a 115% rise, while year-to-date gross profit was $1,673,000, up by 139%. The company completed a public offering, raising $8.07 million, and provided loans totaling $7.2 million to Nomad and ReVolve. Despite a net loss of $324,000 for the year-to-date, leadership expresses optimism for continued growth and cash flow stability.

RE Royalties Ltd. (TSXV:RE)(OTCQX:RROYF) has announced a cash dividend of $0.01 per common share for the quarter ending June 30, 2022, payable on August 24, 2022, to shareholders of record on August 3, 2022. This brings the total dividends declared for the fiscal year to $0.02 per share. The company is also now eligible for DTC services, enhancing liquidity in the U.S. market. Additionally, a market stabilization agreement with Red Cloud Securities will assist in improving share liquidity for a monthly fee of $6,000.

RE Royalties Ltd (TSXV:RE)(OTCQX:RROYF) has successfully closed its marketed offering of 9,837,680 Units, raising $8,066,898 at a price of $0.82 per Unit. Each Unit consists of one common share and one warrant, exercisable at $1.10 for two years. Proceeds will fund renewable energy projects aimed at reducing greenhouse gas emissions. Integral Wealth Securities Limited and Canaccord Genuity Corp. co-led the offering, which excludes registration under U.S. laws. The Company boasts over 100 royalties in the renewable energy sector globally.

RE Royalties Ltd. (OTCQX:RROYF) reported Q1 2022 financial results, highlighting a 50% increase in revenue to $655,557 and a 62% rise in gross profit to $536,661 year-over-year. The company recorded a net loss of $549,728, primarily due to finance expenses from green bonds and OTCQX qualification costs. Subsequent to Q1, RE Royalties extended a $5.6 million loan to Nomad Transportable Power Systems and launched a public offering for up to $10 million. The CEO noted strong cash flow and a growing investment portfolio despite challenging market conditions.

RE Royalties Ltd. (TSXV:RE, OTCQX:RROYF) has entered into a CAD $1.6 million secured loan agreement with ReVolve Renewable Power Corp. for acquiring six operational rooftop solar projects in Mexico, with a total capacity of 2.4 MW. The loan, which has a 24-month term and 10% interest, will generate a 5% gross revenue royalty from four projects and 1% from the other two. This investment is part of RE Royalties' strategy to expand its renewable energy portfolio across North America, with both companies anticipating a fruitful partnership for future projects.